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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (98303)1/26/2013 3:26:34 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217830
 
That's not exactly Tradable Citizenship:
now very extremely difficult to decamp citizenship especially is one is of the 20%, and if of the 10%-1%, then exit fine would be due w/ 10 years parol / clawback, w/ burden of proof on would-be-decamper to PROVE he is not decamping for tax reasons
It's almost as though the state owns the citizen rather than the citizen owning the state [in the form of their share of it as a transactable personal property].

Young people are prone to make bad judgments [and so are older people but they are expected to be grown up] so it's understandable that they are not able to casually cast themselves adrift in a nasty world. Or to be pressured by parents or others to give up their citizenship to become Made in China serfs.

Freedom is non-existent everywhere to any meaningful extent. Yes, one is free to choose personal hobbies, which government-approved restaurant one can eat at, whether to wear a hat or not [unless on a bicycle in which case it's compulsory in NZ], and even whether one becomes a plumber or truck driver [provided one is able to gain a licence to do so from the authorized government body]. But that's a very circumscribed freedom.

Mqurice



To: TobagoJack who wrote (98303)1/30/2013 1:02:08 AM
From: Snowshoe  Read Replies (1) | Respond to of 217830
 
Desperate governments target the rich for revenue...

Italians Have a New Tool to Unearth Tax Cheats
nytimes.com

The new tool, known as the “redditometro,” or income measurer, aims to minimize the wiggle room for evasion by examining a taxpayer’s expenditures in dozens of categories, like household costs, car ownership, vacations, gym subscriptions, cellphone usage and clothing. If the taxpayer’s spending appears to be more than 20 percent greater than the income he or she has declared, the agency will ask for an explanation.

*****
Critics decry what they say is a presumption of guilt, and say the hunt for tax evaders is having a chilling effect on parts of the economy.

Sales of domestic sports cars and luxury autos plummeted last year, in part because of higher taxes and tighter tax scrutiny, industry experts say. Other big-ticket luxury goods are also suffering. “People feel under such scrutiny, they’re afraid — and that stops them from purchasing items that are seen as luxury goods,” said Raffaella Cortese, the owner of a gallery in Milan that specializes in contemporary art. “It’s paralyzing for our field.”

Even the Italian association of veterinarians raised an alarm last week, saying that one pet owner refused to have an identifying microchip placed in his dog because he did not want to turn up on the radar of the redditometro, which monitors pets as one sign of wealth.